CFPB Monitor

AUGUST 17, 2022

The CFPB and FTC argue that the FCRA does not distinguish between “legal” and “factual” inaccuracies, and thus CRAs may be held liable for failing to maintain reasonable procedures to prevent even inaccuracies that turn on legal questions regarding the underlying debt or credit information. In Sessa v.

America 146

America United States National New York 146

PYMNTS

APRIL 10, 2020

All that is starting to change, especially as more consumers turn to social media to seek support from their insurers, or even air their grievances. “So, The initial barrier blocking mobile payout adoption in the insurance world was simple: The technology to support such disbursements for many claims did not yet exist.

Mobile 198

Mobile Technology social media Customer Experience 198

Perficient

FEBRUARY 4, 2021

The COVID-19 pandemic demonstrated the need to engage, communicate, and support customers who cannot visit a physical store, which made the need for an accessible presence more critical. It helps in other crucial areas of your organization, such as search engine optimization (SEO) and legal risk management.

UX 531

UX Guidelines Compliance Study 531

PYMNTS

MARCH 16, 2020

Alexey Guznov, the Bank of Russia’s head of legal office, said in an interview with a news agency in the country that the institution didn’t think the trading and issuance of digital currency should be legal in its borders.

Bitcoin 242

Bitcoin cryptocurrency Report Retail 242

PYMNTS

JUNE 14, 2020

And, after reports that Chinese banks were considering shutting down cryptocurrency accounts, leaders have clarified that they have no intention of closing legal fiat to crypto operations, according to Cointelegraph.

Bitcoin 201

Bitcoin Kentucky Payments cryptocurrency 201

PYMNTS

JULY 2, 2020

Boost Payment Solutions is partnering with BMO Harris Bank to support integrated commercial card processing for the bank’s business customers, the firms recently announced. Global Cash Card’s Legal Saga Ends. Global Cash Card’s Legal Saga Ends. Boost Bolsters BMO Harris Bank’s Biz Cards.

Cards 208

Cards New York Capital Compliance 208

Abrigo

AUGUST 14, 2019

It does not remove marijuana from the classification as a schedule 1 drug under the Controlled Substances Act but it does give certain safe harbor comfort for financial institutions who choose to provide traditional banking services to state-legalized cannabis-related businesses. financial system is money laundering. let us help.

Regulation 150

Regulation Denver Community Security 150

PYMNTS

JUNE 29, 2020

Under the terms of the new deal, Mastercard will support EedenBull’s product development and digital services. The announcement comes a month after the FinTech companies agreed to expand in Europe to support EedenBull’s operations in Oslo and Edinburgh with the implementation of a new digital platform to process spending and payments.

Fintech 248

Fintech Cards Regional Management 248

PYMNTS

JULY 11, 2019

The spread of legal cannabis has major payments problems because federal law considers the drug illegal. Proponents say the legislation would eliminate federal concerns in states where marijuana is legal. As a result, banks, credit unions and payment card networks are hesitant to participate.

Policies 199

Policies Washington America Meeting 199

PYMNTS

MARCH 23, 2020

With passing of the draft legislation, legal adults would receive $2,000 and $1,000 would be provided for each child, Yahoo! The central bank noted in an announcement , “The Federal Reserve is committed to using its full range of tools to support households, businesses and the U.S. Finance reported. .

United States 273

United States Tools System Report 273

The Paypers

JANUARY 9, 2024

UK-based fintech company ACE Money Transfer has partnered with HABIBMETRO Bank to support the use of legal channels to increase remittance inflows to Pakistan.

Fintech 45

Fintech Company 45

PYMNTS

DECEMBER 18, 2019

The feature is aimed at supporting gig workers who typically live paycheck-to-paycheck, and thus need faster access to their wages. Ube r is far from the only company looking to support gig workers with these types of payments. To learn more about legal disbursement challenges and innovations, visit the Tracker’s Feature Story.

Trends 134

Trends Mobile Online Payments 134

PYMNTS

SEPTEMBER 25, 2019

Committee Chairwoman Maxine Waters of California voiced her support of the legislation, as well as calling for the House Judiciary Committee to advance legislation to address the criminalization of marijuana. have legalized some form of marijuana, and it is time for Congress to act,” she said. 47 states, 3 territories and D.C.

Ohio 235

Ohio Colorado Washington California 235

PYMNTS

NOVEMBER 10, 2020

states have legislation pending to legalize sports betting, according to the release, which notes sports betting is legal "in one form or another" in 24 states. About 75 percent of U.S. Mazooma, a gaming industry leader for more than 15 years, is headquartered in Atlanta, Georgia and was founded in 2009. million in 2019.

Payments 137

Payments Georgia Atlanta Risk Management 137

PYMNTS

MARCH 23, 2020

With passing of the draft legislation, legal adults would receive $2,000 and $1,000 would be provided for each child, Yahoo! The central bank noted in an announcement , “The Federal Reserve is committed to using its full range of tools to support households, businesses and the U.S. Finance reported. .

US 263

US Payments United States Tools 263

PYMNTS

APRIL 28, 2020

Rich brings unquestioned integrity, legal acumen, and management experience to DFS,” Lacewell said in the announcement. His extensive leadership experience and depth of legal knowledge will be vital in helping the state emerge stronger and safer from this unprecedented crisis.”. dollar and Euro.

Bitcoin 168

Bitcoin Cards New York Fraud 168

PYMNTS

MARCH 9, 2020

The Investigative Committee of the Republic of Belarus is reportedly intending to support a legal initiative that would allow them to seize digital currency from criminals, Cointelegraph reported. We chose to gather stakeholder support before working toward co-sponsors.”.

Bitcoin 172

Bitcoin Regulation Arizona cryptocurrency 172

Qudos Bank

FEBRUARY 15, 2024

By acting as a Guarantor for a home loan, this individual assumes legal responsibility for the loan if the borrower fails to meet their repayment obligations. The Guarantor for a home loan is usually a family member or close relative who has sufficient equity in their own property to support the loan.

Lending 52

Lending Meeting Security US 52

PYMNTS

APRIL 11, 2019

Lawmakers in Australia are pushing for legal assistance for small businesses that find themselves in dispute with banks, reports in The Sydney Morning Herald said Wednesday (April 10). Further, the report noted, legal aid commissions fail to address the needs of small businesses in particular.

Analysis 151

Analysis Fintech Report National 151

Perficient

JULY 30, 2020

Louis office including Marketing, Finance, Legal, HR, IT, Digital, and the St. Louis Local Business Unit who each do a tremendous job supporting their teams,” shares Jason Hudnall , general manager. There is lots of Perficient Pride at the Perficient Perch in Busch Stadium! Perficient, based in St.

St. Louis 530

St. Louis Missouri Minnesota social media 530

PYMNTS

APRIL 15, 2019

senators have introduced a revised version of the Secure and Fair Enforcement (SAFE) Banking Act in an effort to connect legal marijuana companies to banking services, and the bill has garnered new support. Last week, Treasury Secretary Steven Mnuchin told policymakers he supports the initiative. and Cory Gardner (R-Colo.),

Regulation 118

Regulation Community Security Operations 118

PYMNTS

DECEMBER 23, 2019

One such area in which instant payments remain out of reach is the legal system, as claimants still largely receive their settlements or disbursements via check. These paper-based payment methods can inconvenience customers and cause frictions, but law firms and their supporting partners are often hamstrung when it comes to replacing them.

Innovation 131

Innovation Payments Examples System 131

PYMNTS

OCTOBER 17, 2018

Blockchain company DMG Blockchain Solutions is rolling out a new supply chain management solution designed for the legal cannabis market. Greater transparency means faster product recalls, greater ability to ensure compliance and legality of the product’s source and safety, and increased support for legal and tax compliance, he said.

blockchain 156

blockchain Compliance Management Bitcoin 156

PYMNTS

SEPTEMBER 19, 2019

The paid tier offers a range of services, including dedicated phone support during normal business hours, prioritized in-app messaging support and a 24/7 legal helpline operated by a law firm. “Tide Plus is for businesses that, in addition to the digital channel support, prefer high-quality phone support.

Survey 108

Survey Cards Groups Security 108

PYMNTS

APRIL 8, 2020

Under the terms of the deal, Wells Fargo can provide additional support to small businesses. The change today provides additional support to small businesses hurt by the economic effects of the coronavirus by allowing activities from the PPP and the Main Street Lending Program to not count against the cap.”.

Maine 140

Maine Lending California Compliance 140

PYMNTS

JANUARY 20, 2020

million will be paid to Sears Holding by its current owner, Transform Holdco , according to Footwear News , following a months-long legal dispute between the entities after Sears ’ bankruptcy filing in October 2018. Below, PYMNTS unloads the latest statistics from the fight against late payments in the U.K.

Payments 237

Payments social media Report Analysis 237

PYMNTS

SEPTEMBER 17, 2020

“The success of the Libra project lies with the extended community that supports it,” noted an organization blog post. At the time, he was serving as chief legal officer of HSBC. Other recent hires at the Libra Association have included Steve Bunnell as chief legal officer and Sterling Daines as chief compliance officer.

Management 142

Management social media Leadership California 142

TheGuardian

FEBRUARY 28, 2022

Boris Johnson’s official spokesperson said Russia “must be treated like a pariah state” and warned City legal firms, accountants and banks that they should not be supporting allies of the Russian regime. Continue reading.

98

98

PYMNTS

DECEMBER 23, 2020

“Review sites such as Tripadvisor could easily become nothing more than only-positive advertising glimpses” because “hosting critical or negative views would create a substantial risk of legal liability,” Tripadvisor said in a filing , per Bloomberg. We support legal frameworks that achieve these goals.”.

Google 191

Google Regulation Washington Video 191

PYMNTS

APRIL 5, 2019

One of the legal operations that are springing up in the states that have approved the above-board sale of marijuana products? We don’t mean to be aggressive, nor do we take a stance on the moral or political natures of legal weed. We don’t mean to be aggressive, nor do we take a stance on the moral or political natures of legal weed.

Payments 185

Payments Retail Industry Software 185

PYMNTS

DECEMBER 17, 2020

Google said it understood that regulators needed to look closely at the acquisition and said the company has "worked constructively with them to resolve their concerns, including the set of legally binding commitments,” Bloomberg reported.

Google 294

Google Regulation Data Report 294

Perficient

NOVEMBER 30, 2021

— If your organization is interested in building capabilities and solutions to support cryptocurrencies, don’t hesitate to reach out to learn how we can help. 2022 Planned Roadmap. Issuance and distribution of stablecoins. Activities involving the holding of crypto assets on balance sheet.

cryptocurrency 309

cryptocurrency Regulation Policies Compliance 309

Perficient

OCTOBER 3, 2020

Multi-geo support (stored in a region-specific to that user). Bring your own key (BYOK) support. “Go Local” tenant support for storing recordings in-country. With all of these settings in place, you ensure a more secure, private, and legal posture for your organization. Request access flow. New Stream player.

Meeting 524

Meeting Policies Groups Training 524

PYMNTS

JANUARY 15, 2021

But the rule makes it so the banks will have to make the products and services available to all customers in the communities they serve “based on consideration of quantitative, impartial, risk-based standards established by the bank.”.

United States 216

United States National Community Meeting 216

PYMNTS

DECEMBER 11, 2020

The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. In addition to supporting trading, the platform facilitates logistics and delivery, wielding blockchain, artificial intelligence and machine learning to optimize workflows.

Fintech 193

Fintech Capital Resources Technology 193

PYMNTS

JANUARY 10, 2020

“We will continue to steadily advance the development of legal digital currencies” this year, the PBOC said. The law says “the state encourages and supports the research and application of the science and technology in cryptography and protects the intellectual property rights in cryptography.”.

Training 257

Training Regulation Industry Mobile 257

PYMNTS

JULY 10, 2020

The legal cannabis market’s financial services challenges are, by now, well-known. For several years, while state-level legalization has expanded, access to traditional banks remains an issue thanks to their status as federally regulated entities. Today, however, the banking challenge has largely been solved.

Innovation 210

Innovation Payments Tools Compliance 210